Need advice about selling 2007 aveo

[bludhaven]

The car was purchased via 5 year loan in 2008. it was a 5 year loan and has 1.9 years left on the loan. My father has been paying the car loan and cannot afford it so I am trying to sell the car.

How should I go about doing this? How much, in good condition, would my car be worth at this point? (great condition, 39k miles)

[MT-2500]

Originally Posted by bludhaven

The car was purchased via 5 year loan in 2008. it was a 5 year loan and has 1.9 years left on the loan. My father has been paying the car loan and cannot afford it so I am trying to sell the car.

How should I go about doing this? How much, in good condition, would my car be worth at this point? (great condition, 39k miles)

You need to talk to your banker/furnace co. first and get the pay off amount and the best way to do that.

To get a clear title or lean released it will have to be paid off.
Also Some finance co and bankers will let some else take over payments.

The banker/finance or your insurance insurance co. can tell you how much it is worth.
The have car value books and car loan value and wholesale value books

To sell you can sell it to a used car dealer or have them run it threw a car auction at around wholesale/loan value price or try to sell it yourself.
To sell it yourself run a add in newspaper or car selling places on web like E Bay motors.
Or just stick a for sale sign on it.
And have at it selling it yourself.

Let us know how it goes.

[j cAT]

Originally Posted by bludhaven

The car was purchased via 5 year loan in 2008. it was a 5 year loan and has 1.9 years left on the loan. My father has been paying the car loan and cannot afford it so I am trying to sell the car.

How should I go about doing this? How much, in good condition, would my car be worth at this point? (great condition, 39k miles)

first look up this 2007 Aveo sales prices in your area.. then how much does your father owe . I bet with a 5yr loan he owes more than the vehicle is worth by a few thou...

best get loan from bank to pay off the car loan . then sell this vehicle as now your father will have title in hand ...with the vehicle registration cancelled.

unless you/your father is debt proof you must pay this off...

even if the vehicle somehow catches fire or is stolen and never recovered the insurance will not pay the amount owed. only what the vehicle is worth minus a few hundred dollars....


car dealer with a warrantee 9,5oo.oo private sale 7,ooo.oo ...